In your school life, you have learned about average and the method to calculate it. The formula to calculate the average is very simple. You just have to add all the values in the given data and ...

The formula of Mean: In statistics, "mean" is a measure of central tendency, calculated by summing up all the values in a dataset and dividing by the number of data points. The single numerical value ...

Average product measures your productivity with a particular number of workers. To calculate the average product, you need the total product. For example, the total product for a factory might be the ...

This post explains how to calculate Weighted Average in Excel with percentages. In a standard arithmetic average where the sum of values is divided by the number of values, each data value is treated ...